Dan Frey Home Loans
Call Dan

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$72,094$72,094$418,500
Remaining term (yrs)6.96.930.0
Secondary amount$0$346,406$0
Funding fee$360$360$0
Note rate5.940%5.940%7.400%
Blended rate5.940%7.438%7.640%
1st payment$1,051.11$1,051.11$2,897.61
2nd payment$0.00$2,237.21$0.00
Taxes / mo$328.17$328.17$328.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$83.70
HOA / mo$7.67$7.67$7.67
Total monthly$1,553.61$3,790.82$3,483.81
Cash to close$392,906$46,500$46,500